Word: label
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Dates: during 2000-2009
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...first A-list recording artist to leave a traditional label for a truck full of Live Nation cash. Madonna announced a 10 year, roughly $120 million deal in 2007, while U2 revealed a 12 year touring and merchandising partnership earlier this week. Still, luring Jay-Z is a major coup for the publicly traded Live Nation. He is not only one of the world's top-selling rappers and concert draws, he's a former record company president. "If the [ex] president of Def Jam decides it's time to get off the sinking ship," says a producer...
...Live Nation is expected to furnish Jay-Z, born Shawn Carter, with $5 million in seed money annually for his own label, publishing arm and management company, with significantly more funds available for future acquisitions and expansion. He will also receive a $25 million upfront payment and $10 million per album for a minimum of three albums over the next decade...
With over 2,000 showcased artists, SXSW is one of the most heavily-trafficked music industry events of the year. For many small bands, the festival is a high-stakes audition where throngs of label reps and critics search for the next big thing. Even for an already-signed band like Chester French, SXSW represents an opportunity for exposure. On the phone, it’s clear that both band members see themselves in a different category than the majority of SXSW acts...
...says the Mezzogiorno has discerned "a tacit convenience to underdevelopment." Elected officials campaign on their ability to keep public resources flowing in - Calabria alone gets $95 million a year to fund the socially useful jobs program - and claim victory when their area continues to be classified as backward. That label qualifies the Mezzogiorno for $4.2 billion in European Union aid, as well as another $12.8 billion from Rome's coffers. "Politicians have an interest in maintaining the status quo," he says. "There is no clear road map for bringing real development...
...your vision of the Versace label different from Gianni's? Ashika Vaswani, SydneyI always, always think of Gianni-if Gianni would approve of what I'm doing. Every fashion show, before the girls or the boys go on the runway, I close my eyes and think of him. Will Gianni approve of this? I tell myself, Yes, he will. He taught me everything I know. Even if my fashion changes, evolves with the millennium, the DNA is the same...